This post was originally published on this site
CHICAGO (Reuters) – Caterpillar Inc (N:) said on Monday it has laid off 120 temporary workers at one of its facilities in Texas following its decision to reduce production.
The layoffs, which took place at the hydraulic excavator facility in Victoria on Nov. 1, were confirmed to Reuters by a company spokeswoman on Monday. The facility had about 820 employees.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.